Tainet Communication System (ROCO:4905) Cyclically Adjusted PS Ratio: 9.03 (As of Aug. 13, 2026) — 35% Below Median

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ROCO:4905 Tainet Communication System Corp ROCO:4905
45 GF Score
Price NT$70.00
! 7 Warning Signs
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What is Tainet Communication System Cyclically Adjusted PS Ratio?

Tainet Communication System ROCO:4905 +1.01% 45 Cyclically Adjusted PS Ratio is 9.03 as of Aug. 13, 2026, which is 35% below its 10-year median of 13.88. GuruFocus rates ROCO:4905 with a GF Score™ of 45/100. The stock has 7 warning signs investors should review. Among 1,977 Hardware companies, Tainet Communication System ranks worse than 89.28% on this metric.

As of today (2026-08-13), Tainet Communication System's current share price is NT$70.00. Tainet Communication System's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$7.75. Tainet Communication System's Cyclically Adjusted PS Ratio for today is 9.03.

The historical rank and industry rank for Tainet Communication System's Cyclically Adjusted PS Ratio or its related term are showing as below:

ROCO:4905' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.6   Med: 13.88   Max: 34.99
Current: 8.6

During the past years, Tainet Communication System's highest Cyclically Adjusted PS Ratio was 34.99. The lowest was 8.60. And the median was 13.88.

ROCO:4905's Cyclically Adjusted PS Ratio is ranked worse than
89.28% of 1977 companies
in the Hardware industry
Industry Median: 1.39 vs ROCO:4905: 8.60

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Tainet Communication System's adjusted revenue per share data for the three months ended in Mar. 2026 was NT$7.108. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is NT$7.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tainet Communication System  (ROCO:4905) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Tainet Communication System Cyclically Adjusted PS Ratio Related Terms


Tainet Communication System Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tainet Communication System's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tainet Communication System Cyclically Adjusted PS Ratio Chart

Tainet Communication System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.08 14.56 24.88 16.77 8.75

Tainet Communication System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.93 10.58 9.74 8.75 10.31

ROCO:4905 vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Tainet Communication System's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tainet Communication System Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Tainet Communication System's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tainet Communication System's Cyclically Adjusted PS Ratio falls into.


ROCO:4905
45GF Score
Tainet Communication System Corp ROCO:4905
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tainet Communication System Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Tainet Communication System's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=70.00/7.75
=9.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tainet Communication System's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tainet Communication System's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.108/330.2130*330.2130
=7.108

Current CPI (Mar. 2026) = 330.2130.

Tainet Communication System Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.622 241.018 0.852
201609 0.717 241.428 0.981
201612 0.786 241.432 1.075
201703 0.527 243.801 0.714
201706 0.489 244.955 0.659
201709 0.579 246.819 0.775
201712 0.760 246.524 1.018
201803 0.584 249.554 0.773
201806 0.545 251.989 0.714
201809 0.641 252.439 0.838
201812 0.776 251.233 1.020
201903 0.262 254.202 0.340
201906 0.565 256.143 0.728
201909 0.690 256.759 0.887
201912 0.390 256.974 0.501
202003 0.337 258.115 0.431
202006 0.651 257.797 0.834
202009 0.342 260.280 0.434
202012 0.485 260.474 0.615
202103 0.428 264.877 0.534
202106 0.475 271.696 0.577
202109 0.434 274.310 0.522
202112 0.505 278.802 0.598
202203 0.568 287.504 0.652
202206 0.870 296.311 0.970
202209 0.757 296.808 0.842
202212 0.597 296.797 0.664
202303 0.615 301.836 0.673
202306 0.794 305.109 0.859
202309 1.528 307.789 1.639
202312 0.971 306.746 1.045
202403 4.161 312.332 4.399
202406 4.876 314.175 5.125
202409 5.335 315.301 5.587
202412 5.859 315.605 6.130
202503 5.150 319.799 5.318
202506 6.294 322.561 6.443
202509 6.348 324.800 6.454
202512 7.013 324.054 7.146
202603 7.108 330.213 7.108

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 9.03 mean?
Tainet Communication System (ROCO:4905) has a Cyclically Adjusted PS Ratio of 9.03 as of Aug. 13, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tainet Communication System and its competitors. This is 35% below median its historical median of 13.88. Over the past decade, Tainet Communication System's Cyclically Adjusted PS Ratio has ranged from 8.60 to 34.99. According to the industry distribution chart, Tainet Communication System ranks #1765 out of 1977 companies in the Hardware industry, placing it in the top 89.3%.
Is Tainet Communication System's Cyclically Adjusted PS Ratio too high?
Tainet Communication System's current Cyclically Adjusted PS Ratio of 9.03 is 35% below median its 10-year median of 13.88. Over the past 10 years, this metric has ranged from a low of 8.60 to a high of 34.99. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Tainet Communication System's value of 9.03 is 549.6% above this industry median. Based on the distribution chart, Tainet Communication System ranks #1765 out of 1977 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Tainet Communication System has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Tainet Communication System's Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Tainet Communication System ranks #1765 out of 1977 companies for Cyclically Adjusted PS Ratio. This places Tainet Communication System in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Tainet Communication System's value of 9.03 is 549.6% above this benchmark. Historically, Tainet Communication System's own Cyclically Adjusted PS Ratio has ranged from 8.60 to 34.99 over the past decade. While the company's 10-year median is 13.88 vs. the industry median of 1.39, Tainet Communication System has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.39, based on 1,977 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tainet Communication System's current Cyclically Adjusted PS Ratio of 9.03 is 549.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tainet Communication System and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainet Communication System's current Cyclically Adjusted PS Ratio is 9.03, which is 35% below median its own 10-year median of 13.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainet Communication System stock overvalued right now?
Tainet Communication System (ROCO:4905) has a current Cyclically Adjusted PS Ratio of 9.03. The current Cyclically Adjusted PS Ratio is 9.03, which is 35% below median its 10-year median of 13.88 and 549.6% above the Hardware industry median of 1.39. Tainet Communication System's overall GF Score™ is 45/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Tainet Communication System (ROCO:4905), the current Cyclically Adjusted PS Ratio is 9.03 as of Aug. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tainet Communication System Business Description

Address No.108, Ruiguang Road, 3 floor, Huyuan Li, Neihu District, Taipei, TWN, 114
Tainet Communication System Corp is a manufacturer of digital transmission and switching equipment, data terminal equipment, line interface equipment (including telemetry devices), communication and traffic. Manufacturing, processing, trading and installation engineering business of replacement equipment, programmable power supplies, etc.
45GF Score

Get the complete analysis for ROCO:4905

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$70.00
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